Pinnacle Associates LTD
Pinnacle Associates, Ltd., founded in 1984 and headquartered in New York City, is a multi-billion dollar investment advisory firm. The firm provides investment advisory and institutional investment management services to individuals, families, institutional investors, and other financial institutions. With a focus on transparency and client-first fiduciary principles, Pinnacle manages assets for a diverse range of clients including foundations, endowments, pension plans, and charitable organizations. The employee count is approximately 105, and the firm serves both individual and institutional investors across the United States.
Investment Strategy
Pinnacle primarily employs a fundamental, bottom-up analysis and a valuation-sensitive approach to generate alpha. Investment strategies include Small Cap, Small/Mid Cap, All Cap, and Large Cap Equity, Balanced, International Small Cap, International ADR, and Global Equity. For institutional clients, they focus on equities but offer tailored solutions. For individuals and families, their approach starts by assessing the client’s objectives, risk tolerance, and liquidity needs, then constructing a diversified portfolio primarily composed of stocks and bonds, with possible inclusion of ETFs and mutual funds. The firm also manages socially responsible portfolios and offers access to private pooled investment vehicles for qualified investors.
Top Holdings
Equity Positions (840)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
J JNJ | JOHNSON & JOHNSON | 4.43% | $306.3M | 2,005,126 | $143.61 | $152.75 | -$388.2M |
A AAPL | APPLE INC | 3.83% | $264.4M | 1,288,720 | $56.37 | $205.17 | -$34.7M |
M MSFT | MICROSOFT CORP | 3.17% | $218.7M | 439,635 | $120.11 | $497.41 | +$50.6M |
N NVDA | NVIDIA CORPORATION | 2.23% | $154.1M | 975,116 | $122.57 | $157.99 | +$55.4M |
A AVGO | BROADCOM INC | 1.90% | $131.4M | 476,640 | $206.92 | $275.65 | +$47.2M |